Libya oil field held partly by ENI restarts output

BenoitFaucon

LONDON -(MarketWatch)- Libya's Bouri offshore oil field, which is partly owned by Italy's ENI SpA
E, -0.58%
has restarted production, the head of the country's national oil company said Wednesday.

Speaking to Dow Jones Newswires, Nuri Berruien, chairman of National Oil Co., said the field resumed output at 10,000 barrels a day Tuesday and is expected to reach full capacity of 40,000 barrels a day in mid-December.

The resumption is part of an accelerated ramp up which has seen the country's production returning to close to half its pre-war level following the toppling of Moammar Gadhafi.

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